Trump’s Fed Pick, Kevin Warsh, Warns of Tighter Liquidity: What It Means for Bitcoin
Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News On Tuesday, Kevin Warsh, Donald Trump’s choice to replace Federal Reserve Chair Jerome Powell, testified before the Senate Banking Committee. He promised to be independent from the White House but did not promise to cut rates right away, leaving market watchers to try and figure out what a Warsh-led Fed would mean for liquidity and risk assets like Bitcoin (BTC). The hearing had plenty of headline moments. Warsh told senators the Fed has “lost its way” and needs fundamental reform. He said under sworn testimony that Trump never asked him to commit to rate cuts at any specific meeting, a claim that clashed dire
Source: https://cryptopotato.com/trumps-fed-pick-kevin-warsh-warns-of-tighter-liquidity-what-it-means-for-bitcoin/
